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Andrew A. Ayar



151 S. Old Woodward
Suite 200
Birmingham, MI 48009
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Fax: 248.988.2514
Practice Areas
Banking & Financial ServicesReal Estate
Areas of Emphasis
Corporate Law
LL.M., University of Miami School of Law, Coral Gables, Florida, 2004, Taxation
J.D., Wayne State University Law School, Detroit, Michigan, 2003
B.A., University of Michigan, Ann Arbor, Michigan, 2000
State Bar Licenses
Super Lawyer Rising Star (2012-2016)
State Bar of Michigan Real Property Law Section
State Bar of Michigan Business Law Section
Super lawyers 2015

Andrew A. Ayar


Andrew A. Ayar concentrates his practice in the areas of real estate law, banking and finance, business transactions and corporate law. He has handled a significant number of complex real estate transactions on behalf of investors, lenders and developers, with an emphasis on acquisition (and related financing), sale and leasing of hotels, office buildings, shopping centers, industrial facilities and apartment complexes.  He also represents several local, regional and national lenders, banks and financial institutions in connection with the negotiating, structuring and documenting a variety of commercial real estate and commercial lending transactions, including acquisition financing, construction projects, syndicated secured and unsecured credit facilities, working capital lines of credit, SBA lending programs, letters of credit, owner-occupied real estate facilities and asset-based lending.

He also has a wide range of experience in the areas of business transactions and corporate matters, and serves as lead mergers and acquisitions counsel in connection with stock sales and purchases, asset sales and purchases, sales to employee stock ownership plans (ESOPs), all in a wide variety of industries.  Andrew counsels several high net worth individuals, closely held businesses, as well as national and multi-national companies, with respect to general corporate issues, operating issues, acquisitions, financing, and succession and estate planning. He has been honored every year since 2012 by Super Lawyers® as a “Rising Star” and has been selected by DBusiness Magazine’s list of Top Lawyers in Metro Detroit in 2014, 2017 and 2018.

Summary of Professional Experience and Representative Transactions

  • Representation of hotel investors in connection with the acquisition and disposition of limited and full service hotel properties
  • Represented national hotel REIT in connection with the acquisition of a local five-star hotel and associated loan transaction
  • Sophisticated real estate transactions, including negotiating acquisition/disposition contracts and financing agreements, 1031 like-kind exchanges
  • Representation of investors in the purchase of notes and subsequent foreclosure or negotiations of deed-in-lieu transfers
  • Acted as lender’s counsel in a $15 million construction loan in connection with the development of a local mixed-use project
  • Represented local bank in its mortgage loan to apartment owner to facilitate a Reverse 1031 purchase/sale transaction
  • Represented local forging company in connection with an asset swap with a multi-national strategic competitor
  • Represented national consumer beauty products company in a stock sale to private equity company
  • Represented mining company in connection with a sale of stock in copper mining facility
  • Represented a consortium of credit unions in a construction and end loan for a wellness center
  • Represented nurse staffing company in a stock sale to a private equity firm
  • Represented local waste management company in a stock sale to a multi-national private equity firm
  • Represented an automotive supplier in the acquisition and financing of multiple commercial facilities